STLNETWORKNSESTL Networks LimitedHighNeutral
Announced Fri, 13 Feb, 2026 · 21:55 IST

STL Networks Limited has informed the Exchange about change in Management

Kmp ResignedManagement Changes View source PDFExplain this filing

STLNETWORK · price

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Price reactionminutes from the announcement price · days from the prior close
-2.2%Reaction day
₹21.29
prior close
₹21.24
announcement price
After-mkt
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Nifty Microcap 250market · in no size index; the smallest one is used-0.7%-1.4% vs market

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
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Sessions after the filingfrom the prior close
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Reaction day
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Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

STL Networks has announced a change in its Senior Management Personnel effective February 13, 2026. Mr. Arun Goyal has been appointed as the Head of the Fiber Business Unit (Fiber BU), stepping into a Senior Management role. Arun is an internal candidate who joined STL in 2018 and previously worked at Nokia, Alcatel Lucent, and Airtel, with an MBA in Finance and PMP certification. In a related change, Mr. Srinivasan Devarajan will no longer be part of the Senior Management Personnel team, with the change taking effect on the same date. Both changes were approved by the Board on the recommendation of the Nomination and Remuneration Committee.

Likely market impact

This is an internal reshuffle within the Fiber business unit, with a known insider being elevated to lead the division. Investors should view this as routine leadership continuity rather than a disruptive change, though the departure of Mr. Srinivasan Devarajan may warrant a brief watch on Fiber BU execution in the coming quarters.